About Venmo

Venmo is a digital payment and wallet gateway that allows customers to transfer money and make payments via their mobile device. Businesses are able to generate exposure for the brand as users share their purchases on the Venmo feed and are also able to offer a new social currency to a mobile-first audience. The solution enables users to make payments by linking their debit cards or bank accounts directly via the app, or by transferring the money stored within their account. Besides initiating payments, consumers can receive and send payments from contacts and friends by selecting a @username, contact's name, email or phone number. All transfers can be cashed our immediately to a bank account or stored as a Venmo balance for use at a later time.
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Venmo pricing

Venmo has a free version.

Starting Price:
Not provided by vendor
Free Version:
Yes
Free trial:
No

Alternatives to Venmo

Venmo Reviews for UK Users

Feature rating

Value for Money
4.8
Functionality
4.6
Ease of Use
4.7
Customer Support
4.4
5 reviews of 9,206 View all reviews
Courtney
Courtney
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Monthly for 1+ year
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
4
Customer Support
4

4
Reviewed on 23/05/2024

An Easy Payment System for the Entrepreneur

Overall, the experience has been good. When faced with issues, customer service is kind, but you have to be patient. The tickets go into a queue and you have to wait patiently for an email answer, which can go to your junk mail.

Pros

Venmo is fast and easy to set up. Within a few minutes you can start taking payment for services and products sold. You can get paid in several different ways and even if the person doesn't have their card available.

Cons

If you close down an account and open a new one, it is difficult to link accounts and get the debit card to work. You cannot have multiple business accounts attached to your personal account. If you change the name of the business it can be difficult to change over.

Alternatives Considered

PayPal, Square Payments and Cash App

Reasons for Switching to Venmo

Ease of use was the number one deciding factor. So easy to use and as stated before the customer service was kind and responsive.
Shelly
  • Industry: Hospital & Health Care
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
5

5
Reviewed on 11/01/2025

A life saver when in a bind

I use venmo almost every single day for payments or recieving money from family, friends or whatever and i really love it. I have encouraged just about every i know to download the app. It really helped me alot. For example i got a call in the middle of the night to go pick someone up whom had a few to many at dinner and when i was on way back my gas light came on. I had left in such a hurry that i didnt have my wallet so i was able to request some cash from a friend and pay with my wallet. We made it home after a quit stop at gad station thanks to venmo.

Pros

I love the simplicity of Venmo. Being able to pay someone, anyone from friends to the guy on Craigslist i bought something from after seeing an ad. Its instantly deducted from whatever account you choose thats linked and or your venmo account. I love the options to purchase crypto and check in it whenever also having alerts set up is wonderful.

Cons

The only real gripe i would have about venmo is you are only allowed to ad a couple of cards in a 6 mo period and i get alot of virtual visas as spiffs from work and would of loved to be able to ad them to venmo to use as a payment method. So my tip to new users would be only ad permanently used bank cards to your venmo account because even after you may have added and used the balance on a gift card and then deleted card knowing its no good anymore you still cannot ad a card until that 6mo time passes.

Leah
  • Industry: Hospital & Health Care
  • Company size: 2–10 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
4
Functionality
5
Ease of Use
5
Customer Support
1

3
Reviewed on 27/01/2025

Past Daily Venmo Review

In the past, I used Venmo daily for small transfers.

Pros

I like that you are able to transfer money between people and I like that they offer a debit card.

Cons

I have had issues with fraud and security.

Amie
  • Industry: Food & Beverages
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
5

5
Reviewed on 07/01/2025

A convenient way to take and send payments to friends or for business!

I think they are super easy to use. Set up is easy. Entering payment methods is also quite easy. I haven't had an issue with any part of using venmo, it's come in handy many times.

Pros

It is easy to set up and manage payment options. It's also easy to switch between business and personal profiles. Searching for contacts to pay or send money to is also quite easy.

Cons

The only thing I would change is no fee for instant transfers, however I can totally understand why they have a fee. I use a bank account where there is no fee to transfer and it usually deposits within 24 hours so it's not a long process. I find it kind of strange that I can see my friends payments though. Not a problem, just kind of strange.

Alternatives Considered

PayPal

Reasons for Switching to Venmo

Paypal has had fraud multiple times and just overall isn't as user friendly as venmo has been for me.
Danielle
  • Industry: 2128
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
3

5
Reviewed on 16/12/2024

Venmo over anything.

I love venmo and use it almost every day!

Pros

Venmo is awesome! You get a debit card. You can cash checks, use auto deposit, you can transfer money from accounts or to/from people. And I even have a teen account set up under my venmo for my teen daughter! I use my venmo for all my online purchases.

Cons

Hard to find ways to just load money onto card from cash. Also I can't find any free ATMs

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